Thread by @CaitlinLong_

WOW--#crypto lawyers will be EVEN BUSIER over the break (as if the Mnuchin rule, SEC v Ripple & CSBS v OCC lawsuits weren't enough...). There are weeks when decades happen, as they way. For crypto law, this is one of those weeks

https://twitter.com/propelforward/status/1341789819391909891

2/ PS--I suspect both SEC moves this week are tied to @coinbase's IPO filing, which will force the open questions re: which cryptos are securities to be answered in 2021. As mentioned earlier, IMHO the SEC will be one of (if not *THE*) most important players in US #crypto in 2021

3/ oops -- as they *say (excuse the typo!)

4/ OVERALL this is positive from the SEC bc it's enabling rather than restrictive (ie, if a b/d does these things, it'll be safe).

WOW--do I ever see common themes btwn SEC's expectations & #Wyoming's digital asset rules.😉🤠Yet again, a Wyoming #SPDI charter is lookin' v good!